First National Trust Co Sells 20,569 Shares of JPMorgan Chase & Co. (NYSE:JPM)

First National Trust Co reduced its position in JPMorgan Chase & Co. (NYSE:JPM - Free Report) by 8.4% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 224,645 shares of the financial services provider's stock after selling 20,569 shares during the quarter. JPMorgan Chase & Co. comprises approximately 1.7% of First National Trust Co's investment portfolio, making the stock its 11th largest position. First National Trust Co's holdings in JPMorgan Chase & Co. were worth $38,212,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. SkyOak Wealth LLC increased its holdings in shares of JPMorgan Chase & Co. by 0.3% during the 3rd quarter. SkyOak Wealth LLC now owns 28,019 shares of the financial services provider's stock worth $4,063,000 after buying an additional 71 shares during the last quarter. Center for Financial Planning Inc. increased its stake in JPMorgan Chase & Co. by 4.4% during the third quarter. Center for Financial Planning Inc. now owns 17,454 shares of the financial services provider's stock worth $2,531,000 after acquiring an additional 739 shares during the last quarter. Tcwp LLC raised its position in JPMorgan Chase & Co. by 1.0% in the third quarter. Tcwp LLC now owns 15,100 shares of the financial services provider's stock valued at $2,190,000 after purchasing an additional 155 shares during the period. J.W. Cole Advisors Inc. lifted its stake in shares of JPMorgan Chase & Co. by 2.0% in the 3rd quarter. J.W. Cole Advisors Inc. now owns 34,981 shares of the financial services provider's stock valued at $5,073,000 after purchasing an additional 671 shares during the last quarter. Finally, Legacy Financial Group LLC purchased a new position in shares of JPMorgan Chase & Co. during the 3rd quarter worth $58,000. Hedge funds and other institutional investors own 71.55% of the company's stock.

Insider Activity at JPMorgan Chase & Co.

In other JPMorgan Chase & Co. news, Vice Chairman Peter Scher sold 1,810 shares of JPMorgan Chase & Co. stock in a transaction that occurred on Friday, February 16th. The stock was sold at an average price of $178.96, for a total value of $323,917.60. Following the sale, the insider now owns 44,956 shares of the company's stock, valued at approximately $8,045,325.76. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. In other news, insider Ashley Bacon sold 3,368 shares of the business's stock in a transaction that occurred on Friday, February 16th. The stock was sold at an average price of $179.00, for a total transaction of $602,872.00. Following the sale, the insider now owns 202,093 shares of the company's stock, valued at approximately $36,174,647. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Vice Chairman Peter Scher sold 1,810 shares of JPMorgan Chase & Co. stock in a transaction on Friday, February 16th. The stock was sold at an average price of $178.96, for a total value of $323,917.60. Following the transaction, the insider now directly owns 44,956 shares of the company's stock, valued at $8,045,325.76. The disclosure for this sale can be found here. Insiders have sold a total of 1,066,506 shares of company stock worth $195,621,185 in the last three months. Insiders own 0.79% of the company's stock.

JPMorgan Chase & Co. Stock Up 0.6 %

Shares of NYSE JPM traded up $1.25 during mid-day trading on Friday, reaching $198.75. The company had a trading volume of 7,528,789 shares, compared to its average volume of 9,237,405. The firm has a 50 day simple moving average of $192.20 and a two-hundred day simple moving average of $173.49. JPMorgan Chase & Co. has a 52-week low of $133.13 and a 52-week high of $200.94. The company has a current ratio of 0.92, a quick ratio of 0.92 and a debt-to-equity ratio of 1.29. The stock has a market cap of $570.74 billion, a P/E ratio of 12.02, a PEG ratio of 2.38 and a beta of 1.13.

JPMorgan Chase & Co. (NYSE:JPM - Get Free Report) last issued its quarterly earnings data on Friday, April 12th. The financial services provider reported $4.63 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.18 by $0.45. JPMorgan Chase & Co. had a return on equity of 17.79% and a net margin of 20.05%. The company had revenue of $41.93 billion for the quarter, compared to analyst estimates of $40.90 billion. Sell-side analysts predict that JPMorgan Chase & Co. will post 15.98 earnings per share for the current year.

JPMorgan Chase & Co. Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, April 30th. Stockholders of record on Friday, April 5th were paid a dividend of $1.15 per share. This represents a $4.60 annualized dividend and a dividend yield of 2.31%. The ex-dividend date was Thursday, April 4th. This is a boost from JPMorgan Chase & Co.'s previous quarterly dividend of $1.05. JPMorgan Chase & Co.'s dividend payout ratio is 27.78%.

Analysts Set New Price Targets

A number of research analysts have commented on JPM shares. Evercore ISI upped their target price on shares of JPMorgan Chase & Co. from $188.00 to $210.00 and gave the company an "outperform" rating in a research report on Thursday, April 4th. BMO Capital Markets dropped their target price on shares of JPMorgan Chase & Co. from $196.00 to $195.00 and set a "market perform" rating for the company in a report on Monday, April 15th. UBS Group decreased their price target on JPMorgan Chase & Co. from $226.00 to $219.00 and set a "buy" rating on the stock in a research note on Tuesday, April 16th. Piper Sandler dropped their price objective on JPMorgan Chase & Co. from $220.00 to $215.00 and set an "overweight" rating for the company in a research note on Monday, April 15th. Finally, The Goldman Sachs Group reaffirmed a "buy" rating on shares of JPMorgan Chase & Co. in a research report on Thursday, February 1st. Eight analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the company's stock. According to MarketBeat, the company has a consensus rating of "Moderate Buy" and an average target price of $192.05.

JPMorgan Chase & Co. Profile

JPMorgan Chase & Co operates as a financial services company worldwide. It operates through four segments: Consumer & Community Banking (CCB), Corporate & Investment Bank (CIB), Commercial Banking (CB), and Asset & Wealth Management (AWM). The CCB segment offers deposit, investment and lending products, cash management, and payments and services; mortgage origination and servicing activities; residential mortgages and home equity loans; and credit cards, auto loans, leases, and travel services to consumers and small businesses through bank branches, ATMs, and digital and telephone banking.